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Listed 1 month ago

175 South Summit Farm Road

King City, King

$3,899,888

Detached|Bungalow-Raised
3 | 3 | 14
About this home

Top 5 Reasons You Will Love This Home: 1) Discover this rare offering of a charming bungalow set on 10.94 acres of land in prestigious King Township, where nature, privacy, and potential come together 2) Nestled in a peaceful estate setting, this property showcases a scenic pond, a lush canopy of mature trees, and a spacious residence surrounded by natural beauty 3) Whether you choose to renovate the existing home with your own personal touch or re-imagine the landscape entirely with a brand-new build, the possibilities here are endless for creating a true masterpiece estate 4) Added value comes with previously approved architectural plans for a luxury home and pool, available upon request, offering a head start to your dream vision 5) The current home features expansive living and entertaining spaces, including a bright and inviting living room, a generous kitchen, a primary retreat with spa-like 5-piece ensuite, and an impressive covered concrete deck overlooking the grounds. 2,057 above grade sq.ft. plus a partially finished basement.

Extras

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow-Raised
Approx. Age51-99
Size2000-2500 sq. ft.
Property Tax$13,056
Lot Size922.45 ft x 828.91 ft
mls© NumberN13512246
Listed ByFARIS TEAM REAL ESTATE BROKERAGE

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$19,961
Property tax
$1,088
Heat allowance
$150
Housing costs
$21,199 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $779,978
25-yr amortization

Income needed

$652,000

gross annual household income

Payment at 4%
$16,411 / mo
Cash down
$779,978

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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